Dublin, Feb. 05, 2020 (GLOBE NEWSWIRE) — The “Sucrose Esters Market by Application (Food, Personal Care Products, Detergents & Cleaners), Form (Powder, Liquid, Pellet), and Region (North America, Europe, Asia Pacific, South America, Rest of the World) – Global Forecast to 2025” report has been added to ResearchAndMarkets.com's offering.
The global sucrose esters market size is projected to grow from USD 76 million in 2019 to USD 106 million by 2025, recording a compound annual growth rate (CAGR) of 5.7% during the forecast period.
This study covers the sucrose esters market across segments. It aims at estimating the market size and its growth potential across different segments such as application, form, function, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Multifunctional properties of sucrose esters in the food & beverages, personal care, and pharmaceutical industry
The increasing trend of spending on convenience food products in developing countries and multifunctional properties of sucrose esters are the major factors that are projected to drive the growth of the sucrose esters market. However, the cost of reactants remains high during the formulation process of sucrose esters, which is projected to inhibit the growth of the market.
The dairy products subsegment in the food segment dominated the sucrose esters market throughout the forecasted period
Dairy products that witness an increased usage of sucrose esters include milk, ice-creams, flavoured yoghurts, coffee whiteners, and whipping cream. Sucrose esters witness high use in dairy products due to its functions, which include emulsification, aeration, and protein protection. The major benefits of using sucrose as an alternative in dairy products are preventing protein flocculation and improving flavour release.
In ice-creams, sucrose esters help in preventing excessive cohesion of fats during freezing due to stable emulsification. Furthermore, when used in milk, it provides stable emulsion, prevents ring formation, and improves the quality of flavoured canned drinks, such as coffee and chocolate drinks. Due to these factors, the dairy segment is projected to dominate the market during the forecast period.
The liquid form of sucrose esters is projected to grow at a higher growth rate during the forecast period
Liquid sucrose esters are widely used in dairy-based desserts for enhanced emulsification and stabilization of fat globules. They are also used in flavoured beverages, including flavoured water and dairy-based canned beverages. In addition, they are used as foodstuffs in heat-treated packages or canned products, such as sausages and hams for both meat and fish. In personal care products, liquid sucrose esters are used to reduce the irritation potential of anionic surfactants and improve foam density and stability. Due to these factors, the liquid segment is projected to dominate the market during the forecast period.
The Asia Pacific region is projected to be the fastest-growing market during the forecast period.
The Asia Pacific region projected to grow at the highest CAGR between 2019 and 2025. The increasing demand for sucrose esters in food applications is projected to create lucrative growth opportunities for manufacturers in the market in the Asia Pacific region. Furthermore, the rise in awareness about the functional benefits of sucrose esters has led to increased usage in the personal …
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